期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2010
卷号：2
期号：5
页码：91
DOI：10.5539/ijef.v2n5p91
出版社：Canadian Center of Science and Education
摘要：We examine the optimal design of financial structured portfolios (equity or index linked notes) within the rank dependent utility framework. We illustrate how these products can be in accordance to investor's attitude towards risk, whereas, for the standard expected utility case, they do not match investor's preferences. These financial products usually involve derivative instruments which allow investors to benefit from capital protection and minimal participation when markets are bullish.
